State BSR, Public Risk Pools Reach Proposed Consent Agreement

The New Hampshire state Bureau of Securities Regulation and two public risk pools have reached a consent agreement that promises to resolve a long-running battle over regulation of entities that provide municipalities with health, liability and workers’ compensation insurance. The agreement, which still must be approved by state hearing officer Donald Mitchell, would end the bureau's efforts to revoke the tax-free status of HealthTrust and Property Liability Trust. It would also pave the way for PLT to complete a controversial $17.1 million payment to HealthTrust that Mitchell orde...